Are you looking to boost your income portfolio with some new ASX dividend shares this month?
If you are, you may want to look at the two listed below that have been forecast to provide attractive yields.
Here's what you need to know about these buy-rated ASX dividend shares:
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National Australia Bank Ltd (ASX: NAB)
The first ASX dividend share that has been named as a buy is big four bank, NAB.
The team at Goldman Sachs rates the bank highly in the current environment. This is because its analysts "see volume momentum over the next 12 months as favouring commercial volumes over housing volumes, and believe NAB provides the best exposure to this thematic."
The broker believes this will support the payment of fully franked dividends of $1.66 per share in both FY 2023 and FY 2024. Based on the current NAB share price of $29.29, this implies dividend yields of 5.7%.
Goldman has a buy rating and a $30.51 price target on its shares.
Stockland Corporation Ltd (ASX: SGP)
Another ASX dividend share that could be a buy this week is Stockland. It is a residential and land lease developer and retail, logistics and office real estate property manager.
Analysts at Citi have recently tipped Stockland as a buy. They highlight its "strong medium-term growth outlook and cheap valuation."
The broker is expecting this to underpin dividends per share of 27 cents in both FY 2024 and FY 2025. Based on the current Stockland share price of $3.88, this will mean big yields of 7% for both financial years.
Citi also sees plenty of upside for its shares over the next 12 months. It has a buy rating and a $5 price target on them.
